October 22, 2018--European investors pulled further away from long-term mutual funds as the market environment and general sentiment stayed negative. As a consequence September was the fifth month in a row posting net outflows from long-term mutual funds after 16 consecutive months showing net inflows.

New Vanguard ETFs on Xetra: Investment Grade Government and Corporate Bonds

February 21, 2019--Both bond ETFs include investment grade bonds with a maturity of more than one year.
Since Thursday two Vanguard ETFs are tradable via Xetra and Börse Frankfurt.
The two bond ETFs give investors access to euro-denominated government bonds within the eurozone and euro-denominated corporate bonds worldwide.

Account of the monetary policy meeting of the Governing Council of the European Central Bank

February 21, 2019--Held in Frankfurt am Main on Wednesday and Thursday, 23-24 January 2019
1. Review of financial, economic and monetary developments and policy options
Financial market developments
Mr Cœuré reviewed the latest financial market developments. In the first few weeks of 2019 volatility had remained elevated across different market segments, in particular in equity and commodity markets.

February 21, 2019--New key indicator provides information on trading costs over the course of the trading day
Deutsche Börse is providing ETF investors with a new key indicator: The iXLM (intraday Xetra liquidity measure) provides information on how trading costs of an ETF have developed over the course of a trading day. This allows investors to deduce the period in which the trading costs of an ETF were particularly low and to take this information into account for future decisions.

February 20, 2019--The European Banking Authority (EBA) published today its Consumer Trends Report for 2018 and 2019. The Report covers the trends and issues related to retail banking products and services that fall within the EBA's consumer protection mandate, such as mortgages, consumer credit, deposits, payment accounts, payment services and electronic money.

February 19, 2019--With the "Eastern Europe Traded Index" (EETX) index family Vienna Stock Exchange today launches six new indices. The EETX focuses on the 40 largest blue chips of the Russian, Central, Eastern and Southeastern European markets.

February 19, 2019--The European Securities and Markets Authority (ESMA) has published today its 2019 Supervision Work Programme, which details the main areas of focus for the upcoming year for ESMA's supervision of Trade Repositories (TRs), Credit Rating Agencies (CRAs), and the monitoring of third-country market infrastructures such as third-country central clearing counterparties (TC-CCPs) and third-country Central Securities Depositories (TC-CSDs).

February 19, 2019--Brussels does not plan to recognise London venues if UK leaves EU abruptly next month Brussels' plan to restrict trading in shares listed both in London and elsewhere in the EU in the event of a hard Brexit will deliver a blow to retail investors, asset management groups have warned.

February 19, 2019--In the fourth quarter of 2018 the outstanding amount of shares/units issued by investment funds other than money market funds was €10,990 billion, €667 billion lower than in the third quarter of 2018.

February 18, 2019--The European Securities and Markets Authority (ESMA) has today announced that in the event of a no-deal Brexit, three central counterparties (CCPs) established in the United Kingdom (UK)-LCH Limited, ICE Clear Europe Limited and LME Clear Limited-will be recognised to provide their services in the European Union (EU).

February 17, 2019--The promoters of ETFs in Europe enjoyed net inflows for January. These inflows led, in combination with a positive performance of the underlying markets, to increased assets under management in the European ETF industry.

February 15, 2019--Listings
18 new ETFs were listed in January 2019.
There are now 1,177 ETFs (available as 1,715 lines through multi-currency offerings) and 461 ETCs/ETNs (available as 554 lines) on our London market.

February 15, 2019--Since Friday a new Exchange Traded Fund issued by Invesco is tradable via Xetra and Börse Frankfurt.The Invesco MDAX UCITS ETF gives investors the opportunity to invest in the MDAX index. The benchmark index contains the 60 German mid-cap stocks, which rank behind the 30 DAX companies in terms of order book turnover and market capitalisation

February 14, 2019-Net new assets in the European ETF market tripled to €7.6bn in January from the €2.5bn we saw in December.Net new assets in the European ETF market tripled to €7.6bn in January from the €2.5bn we saw in December.

February 14, 2019--Alpha strengthens market offering with dedicated ETF & Indexing Practice to respond to the growing significance of index funds and ETFs and demand for consulting support from clients.

February 13, 2019--First Trust Global Portfolios has launched a Ucits-compliant ETF focusing on opportunities in the cloud computing space.
The new fund, called First Trust Cloud Computing Ucits ETF, will be offered through the UK-based affiliate of US group First Trust Advisors.

February 11, 2019--More than $2bn has been yanked from funds that invest in UK companies in just eight weeks as the political and economic fallout from Britain's departure from the European Union continues to batter investor confidence.

IMF Staff Country Report-The Kingdom of the Netherlands-Netherlands: Selected Issues

February 12, 2019--CORPORATE SAVING IN THE NETHERLANDS1
The Netherlands' current account (CA) surplus in percent of GDP is among the highest in the world. The non-financial corporation (NFC) net saving is the largest contributor to the CA surplus.

February 11, 2019--The year 2018 was a tough year for the European fund industry. Despite headwinds from the markets and outflows from their actively managed peers, the promoters of ETFs in Europe enjoyed net inflows in every single month of the year 2018.

ESMA publishes list of thresholds below which an EU prospectus is not required

February 8, 2019--The European Securities and Markets Authority (ESMA) has published today a document listing the thresholds below which an offer of securities to the public does not need a prospectus in the various Member States of the European Union (EU).

February 8, 2019--Flow Traders N.V. (Euronext: FLOW) announces its unaudited 4Q18 results:
4Q18 ETP Value Traded was up 49% Q-o-Q to &euro273bn. This resulted in a 31% Y-o-Y increase, compared to a 34% Y-o-Y increase in market ETP Value Traded following market developments in the US

February 7, 2019--The European Securities and Markets Authority today publishes its Risk Assessment Work Programme , providing an overview of the analytical, research, data and statistical activities that ESMA will carry out in 2019.

February 7, 2019--The EU Parliament and states reached political agreement Tuesday on rules applying to non-financial counterparties, small financial counterparties and pension funds using financial derivative products.

January 7, 2019--A new WIG20TR ETF has been added to GPW's offer of financial products
The new Beta ETF is the first Polish ETF listed on GPW
Beta ETF WIG20TR, the first 100% Polish ETF in the history of the Warsaw Stock Exchange, established under Polish law, developed and managed by Polish experts, has been newly listed on GPW’s Main Market today.

February 7, 2019--Nasdaq (Nasdaq: NDAQ) announced today that trading in the Xact OMXC25 ETF (UCITS ETF) commences on Nasdaq Copenhagen*. Xact C25 ETF is issued by Xact Kapitalförvaltning AB and distributed by Handelsbanken Denmark. Xact C25 ETF is traded under ISIN code SE0011452127, has the Trading Code XACTC25, and is the first ETF to be accepted for trading on the Nasdaq Copenhagen exchange.

February 7, 2019--The European economy is expected to grow for the seventh year in a row in 2019, with expansion forecast in every Member State. The pace of growth overall is projected to moderate compared to the high rates of recent years and the outlook is subject to large uncertainty.

ESMA publishes supervisory briefing on the supervision of non-EU branches of EU firms

February 6, 2019--The European Securities and Markets Authority (ESMA) has today published a MiFID II supervisory briefing on the supervision of non-European Union (EU) branches of EU firms providing investment services and activities.

February 6, 2018--The European Securities and Markets Authority (ESMA) has published today its 2019 Supervisory Convergence Work Programme (SCWP), which sets out ESMA's work streams to promote sound, efficient and consistent supervision across the European Union (EU).

February 6, 2019--REFORMING ITALY'S SOCIAL WELFARE SYSTEM AND LOWERING TAXES ON LABOR: SOME CONSIDERATIONS2
The Italian authorities are keen to improve Italy's social welfare system. They plan to introduce a new citizenship income program, aimed at assisting the poor and facilitating their reintegration into the labor market.

February 5, 2019--This monthly release shows details of movements in the UK's official holdings of international reserves, or assets. These consist of gold, foreign currency assets and International Monetary Fund assets.

Three new Xtrackers ETFs on Xetra: Equity ETFs with a focus on Europe and companies related to Artificial Intelligence and Future Mobility worldwide

February 5, 2019--Three new Exchange Traded Funds of DWS have been available for trading on Xetra and Börse Frankfurt since Tuesday.
With the Xtrackers Artificial Intelligence & Big Data UCITS ETF-1C, investors can participate in the performance of companies from industrialised and emerging countries worldwide that are linked to artificial intelligence, data processing and data security.

February 5, 2019--The European Securities and Markets Authority (ESMA) has started today a public consultation on its draft guidance regarding liquidity stress tests of investment funds-applicable to alternative investment funds (AIFs) and Undertakings for the Collective Investment in Transferable Securities (UCITS).

The European Union Budget, and Economic and Monetary Policy (EU Exit) Regulations 2019

February 5, 2019--This instrument revokes retained EU law relating to the EU budget, and revokes and partially restates EU law relating to economic and monetary policy, in order to address deficiencies arising from the withdrawal of the United Kingdom from the European Union.

February 4, 2019--European investors are urging regulators to protect their ability to buy the London-listed shares of several major companies, including Royal Dutch Shell, Unilever and Ryanair, should the UK leave the EU abruptly at the end of next month.

Monday Morning Memo: Review 2018-Rough Markets took their toll from the European Fund Industry

February 4, 2019--The European fund industry faced estimated net outflows of €129.2 bn in 2018 after six consecutive years with net inflows. The flows were mainly driven by the discussions about a possible trade war between the USA and China, as well as a possible return of the Euro crisis caused by developments in Italy and France, and an environment of rising interest rates in the USA.

FCA publishes its second set of rules following its Asset Management Market Study

February 4, 2019--The Financial Conduct Authority (FCA) has published new rules and guidance to improve the quality of the information available to consumers about the funds they invest in.
The asset management industry plays an important role in the UK's economy. Asset managers seek returns for investors by investing in a variety of assets.

February 1, 2019--This report provides detailed figures regarding the performance of the ETF segment of SIX.
There were more losers than winners on the financial markets in the fourth quarter. Despite the generally difficult circumstances on the financial markets, the Swiss ETF market continued to develop dynamically, as the latest ETF Market Report shows.

February 1, 2019--The European Securities and Markets Authority (ESMA) has today updated its Questions and Answers regarding market structures and transparency issues under the Market in Financial Instruments Directive (MiFID II) and Regulation (MiFIR).

February 1, 2019--Amundi ETF has boosted its SRI range with an emerging markets strategy, the firm has announced.
The Amundi Index MSCI Emerging Markets SRI-Ucits ETF has an ongoing charge of 0.25% and tracks the MSCI Emerging Markets SRI index.

January 31, 2019--The European Securities and Markets Authority (ESMA) has issued today three Questions and Answers (Q&As) regarding the Prospectus Directive (PD ) and the Transparency Directive (TD ).
The Q&As clarify the application of certain provisions in these Directives in case the UK withdraws from the European Union (EU) on 29 March 2019 with no withdrawal agreement in place (no-deal Brexit). These Q&As will only apply in case of a no-deal Brexit.

French asset manager recruits from market leader to boost presence in expanding index-tracking sector
January 30, 2019--Amundi, the French asset manager, has hired BlackRock iShares' UK head of institutional sales in a push to boost its presence in the UK market.

New Invesco ETF on Xetra: Sustainable equity ETF based on ESG and Catholic principles

January 29, 2019--Since Tuesday a new Exchange Traded Fund of Invesco is tradable via Xetra and Börse Frankfurt.The MSCI Europe ESG Leaders Catholic Principles UCITS ETF 1D enables investors to participate in the performance of European companies with a comparatively high ESG rating.

January 29, 2019--European Council President Donald Tusk said the EU-UK divorce deal was not up for renegotiation after Britain's parliament on Tuesday voted to replace the Irish "backstop" border arrangement contained in it with unspecified "alternative arrangements".

Euro area economic and financial developments by institutional sector: third quarter of 2018

January 29, 2019--Euro area net saving was broadly unchanged at €805 billion in the four quarters to the third quarter of 2018. Euro area net non-financial investment increased to €431 billion (from €406 billion previously), due to increased investments by households and non-financial corporations.

January 28, 2019--After unexpectedly high outflows in October and November, European investors pulled further away from long-term mutual funds in December as the market environment and general sentiment remained negative. As a consequence, December was the eighth month in a row posting net outflows from long-term mutual funds after 16 consecutive months showing net inflows.

IMF Working Paper-Reform Options for Mature Defined Benefit Pension Plans: The Case of the Netherlands

January 25, 2019--The Netherlands has been operating fully funded, defined benefit second pillar pension schemes that have consistently ranked high worldwide for delivering high replacement rates while featuring strong solidarity among members.

January 25, 2019--Listings
12 new ETFs were listed in December 2018, bringing a total of 323 new ETP listings in 2018-all time record.
There are now 1,161 ETFs (available as 1,689 lines through multi-currency offerings) and 461 ETCs/ETNs (available as 554 lines) on our London market.

European Authorities remain mostly blind when it comes to the Past Performance and Costs of Long-term Savings Products, despite first reports ever released

January 24, 2019--Long-term retail savings are the only EU consumer products for which consumers and Public Supervisors not only don't have a clue as to their future performance, but they don't even know what their past performance has been.

January 23, 2019--Last year proved challenging for investors, bookended as it was by an early market "melt-up" and an even more dramatic late meltdown. It began and ended in chaos amid mounting economic and political uncertainty on both sides of the Atlantic. Nearly all asset classes closed in negative territory.